Personal blog of Gene Chapman, CEO, Mahatma Gandhi Global Library and Book Exchange and Libertarian Global Library and Book Exchange.

Saturday, September 21, 2013

Ben Bernanke Steals 14% of Everything In America Held In Federal Reserve Notes

I was over at the U. S. Inflation Calculator on the Internet a few moments ago, putting my economics classes to work for you good folks, and it tells us that Mr. Ben Bernanke and the boys at the central bank stole 14% of everything you hold in Federal Reserve notes since he got into office in February, 2006. That means that us work-a-day folks, who are not able to adjust our labor wages to price inflation as quickly as other sectors, lost about 14% of the buying power of our labor since 2006. This is you being forced to work 51 days a year by the Fed, Ceteris paribus.

You can vote Republican or Democrat and the theft will continue unchecked. Or you can vote for Libertarians, and the Fed will be audited at the very least and abolished at the most.

About Me

MahatmaGandhiGlobalLibrary.blogspot.com or LibertarianGlobalLibrary.blogspot.com gkchapman2012@hotmail.com
"Creating World Peace One Word at a Time"
And for those who wish, you are invited to participate in funding all aspects of and in the building of a physical library building within walking distance of both the White House and the U. S. Capitol Building in Washington, D. C., as a voice of nonviolence and a safe harbor for Gandhian intellectuals in this epicenter of political violence on earth.